retail

Sam’s Club Cuts Jobs; Stock Price Rises

Posted on January 29th, 2010 in retail

In another anomaly that just freezes my mind, WalMart has decided to close their Sam’s Club outlets across the country, which is going to eliminate nearly 11,000 jobs. At the same time that’s happening, their stock price actually went up .2%. If you believe WalMart, they’re not actually shedding jobs, at least not all of [...]

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Retailers Happy With 2009 Holidays

Posted on January 07th, 2010 in retail

Finally some good news for retailers after last year’s fiasco which saw many retail chains close their doors. This year’s holiday season was much better, even with what seemed to be light traffic. The retail industry was up 2.9% from last year, more on the strength of watching expenses and being more selective with inventory, [...]

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